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Nov 26, 2012
11/12
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congress returns to work this weekend, stim facing that so-called fiscal cliff. if a deal can't be reached by january 1st, americans would face half a trillion dollars more than in taxes next year. that's coupled with $100 billion in cuts to domestic and defense spending. since the reagan era, most republicans have pledged not to raise taxes. but as nbc's mike viqueira reports, there are some signs of flexibility on both sides of the aisle. >> reporter: it's a pledge almost all republicans have signed, to oppose tax increases of any kind. that once solid wall was showing cracks. >>> the pledge you saw 18 years ago, 20 years ago was for that congress. the world has changed and the economic situation is different. >> reporter: but republicans insist in return for defying party doctrine, democrats must agree to changes in social security and medicare. >> i will violate the pledge, long story short, for the good of the country, only if democrats will do entitlement reform. >> reporter: activists on the left are lining up to oppose those reforms, but the president has
congress returns to work this weekend, stim facing that so-called fiscal cliff. if a deal can't be reached by january 1st, americans would face half a trillion dollars more than in taxes next year. that's coupled with $100 billion in cuts to domestic and defense spending. since the reagan era, most republicans have pledged not to raise taxes. but as nbc's mike viqueira reports, there are some signs of flexibility on both sides of the aisle. >> reporter: it's a pledge almost all...
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Nov 23, 2012
11/12
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so-called fiscal cliff. despite optimism from both sides, they remain far apart on what to do about revenues with the white house saying the bush era tax rates should expire and republicans insisting any new revenues come from closing loopholes in the tax code. kristen welker joining us from the white house. he said the talks said to be stalled. what is the white house saying? >> reporter: they certainly know this is going to be a tough slog. certainly you had this sort of sense of bipartisanship after the leaders came to the white house. it seems as though that has gone awe with democrats digging in their heels on the issue of entit entitle. s and republicans on taxes. congress talking about some types of compromises, one that would include rolling back tax breaks for big corporations and wealthy americans as you just talked about. another one would potentially roll back the bush era tax cuts but instead of allowing rates to go back up to the clinton levels of 39%, maybe they would go back to 37%. these are
so-called fiscal cliff. despite optimism from both sides, they remain far apart on what to do about revenues with the white house saying the bush era tax rates should expire and republicans insisting any new revenues come from closing loopholes in the tax code. kristen welker joining us from the white house. he said the talks said to be stalled. what is the white house saying? >> reporter: they certainly know this is going to be a tough slog. certainly you had this sort of sense of...
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Nov 20, 2012
11/12
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MSNBCW
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cliff deal. the idea is that once they get the number, then they can move forward with some sort of immediate package that would satisfy folks in the business community, as well as small businesses so they there would not be a lot of pain from going off the fiscal cliff in the immediate terms but that somehow in 2013 you'd have tax and entitlement reform. there would be an agreement that say, look, here is where we're going on the tax cuts but in exchange for that we'll have some sort of mechanism in place that by some time in 2013 we're going to hit tax reform and entitlement reform at these levels, set at these numbers that come in in agreement in the middle of december. if you don't have that, it gets tougher as each day goes by and these issues from folks i have spoken to on both sides are difficult to do in a lame duck. the best you can get in a lame duck is a broad outline and top number. >> so when we try to look into the new year and there are people that hope for something big and bold,
cliff deal. the idea is that once they get the number, then they can move forward with some sort of immediate package that would satisfy folks in the business community, as well as small businesses so they there would not be a lot of pain from going off the fiscal cliff in the immediate terms but that somehow in 2013 you'd have tax and entitlement reform. there would be an agreement that say, look, here is where we're going on the tax cuts but in exchange for that we'll have some sort of...
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Nov 21, 2012
11/12
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is the legacy question enough to move boehner and obama forward on a fiscal cliff deal? >> crossed fingers. i hope so. short enough? >> boehner wants to keep his job as speaker so he has to deal with his caucus. and whether or not his caucus will be going -- ready to go along with a significant amount of compromise, obviously, you know, remains to be seen. >> i think politically they saw what happened 2 1/2 weeks ago. i think they'll be in a mood to compromise. >> let's go around the table, bob. start it off. what are you thankful for on this thafg day? >> i'm thankful i still have some twinkies in the house. thankful, truthfully, the economy is getting better so my daugter who just graduated from college may be able to work. >> thankful for my family. it's a family affair in my house. my husband, john liebowitz, at night he's been a cranberry sauce-making maniac. so this is for you. >> oh, thank you is so much. >> happy thanksgiving. >> liebowitz cranberry sauce. >> thankful for my family, at home and extended and a country in which we have talk about our differences. >
is the legacy question enough to move boehner and obama forward on a fiscal cliff deal? >> crossed fingers. i hope so. short enough? >> boehner wants to keep his job as speaker so he has to deal with his caucus. and whether or not his caucus will be going -- ready to go along with a significant amount of compromise, obviously, you know, remains to be seen. >> i think politically they saw what happened 2 1/2 weeks ago. i think they'll be in a mood to compromise. >> let's...
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Nov 26, 2012
11/12
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some saying it's bet gore off the fiscal cliff than accept a deal that does not raise the tax rates. as much as you hear this talk it all comes to looking good through the republican house. we do not know yet. we know the staff's been working back and forthe. there's been all sorts of things floating around. to correlate for what the tax cuts would be for the rest of the decade. it's complicated stuff. both teams growing at it. i know they spoke over the thanksgiving holiday, but we are not close to a gentlemen's agreement like you're perhaps hearing from the a few united states senators, tamron. >> thank you very much. let me bring in news nation's senior political reporter lois romano and cnn contributor and strategist keith boykin. we touched on comments on morning joe. he released a little more detail. it says in part republicans aren't against tax rate hikes because of one man or a pledge. we're against hiking rates because they're bad for the economy and hurt jobs. our first team points out it seems like the parties are ready to agree to a large point for taxes on the wealthy.
some saying it's bet gore off the fiscal cliff than accept a deal that does not raise the tax rates. as much as you hear this talk it all comes to looking good through the republican house. we do not know yet. we know the staff's been working back and forthe. there's been all sorts of things floating around. to correlate for what the tax cuts would be for the rest of the decade. it's complicated stuff. both teams growing at it. i know they spoke over the thanksgiving holiday, but we are not...
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Nov 23, 2012
11/12
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the so-called fiscal cliff. that combination of tax hikes and spending cuts many economists warn could throw this country back into a recession. the president and top congressional leaders met at the white house and it appeared they made progress. since then talks have hit a bit of a rough patch. joining me from louisville kentucky, for a progress report of sorts on whether negotiations stand right now, kentucky congressman john yarmuth. good afternoon to you. >> good afternoon. where do the negotiations stand right now? >> right now, this is something where the staffs of the leadership in both the house and senate and white house are trying to work through possible think they're making a lot of progress and, for instance, one of the ideas that was brought up by republicans was, just eliminate the preferences on the first $380,000 worth of income for those people making more than that and charge everybody 35%, which means that people wouldn't have to vote to raise the highest rate. the problem with that is peopl
the so-called fiscal cliff. that combination of tax hikes and spending cuts many economists warn could throw this country back into a recession. the president and top congressional leaders met at the white house and it appeared they made progress. since then talks have hit a bit of a rough patch. joining me from louisville kentucky, for a progress report of sorts on whether negotiations stand right now, kentucky congressman john yarmuth. good afternoon to you. >> good afternoon. where do...
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Dec 1, 2012
12/12
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. >>> plus, at the end of the day this fiscal cliff debate will come down to two men. the speaker of the house and the president of the united states dealing one-on-one. we will go behind closed doors and into the war room. you are watching msnbc, the place for politics. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> we are watching a developing story in kansas city, missouri, right now. this is what police say appears to be a murder/suicide involving a 25-year-old nfl play
. >>> plus, at the end of the day this fiscal cliff debate will come down to two men. the speaker of the house and the president of the united states dealing one-on-one. we will go behind closed doors and into the war room. you are watching msnbc, the place for politics. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my...
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Nov 24, 2012
11/12
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MSNBCW
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the fiscal cliff, might a new wrinkle make it even tougher for the two parties to make a deal? it is one of the big hits of the season, the new film about abraham lincoln, and coming up, a unique take from doris kearns goodwin who wrote the book. imagine if this were your neighbor. one holiday display is drawing a lot of attention. that is in our one-minute playback. wow. good morning, everyone. welcome to "weekends with alex witt." let's get to what's happening right now out there. we have some new numbers today. as retailers begin to calculate black friday sales and whether it paid off to open on thanksgiving. all that, plus today is small business saturday, and cyber monday, of course, happens in just two days. nbc's michelle franzen is in n manhattan. >> alex, we've gotten through the first wave, the black friday, include being the early start that began on thanksgiving evening. so how did everything turn out? well, retailers say so far, so good. they saw a wave of people coming through, a rush of shoppers going through those doors on that thanksgiving night. that took away
the fiscal cliff, might a new wrinkle make it even tougher for the two parties to make a deal? it is one of the big hits of the season, the new film about abraham lincoln, and coming up, a unique take from doris kearns goodwin who wrote the book. imagine if this were your neighbor. one holiday display is drawing a lot of attention. that is in our one-minute playback. wow. good morning, everyone. welcome to "weekends with alex witt." let's get to what's happening right now out there....
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Dec 5, 2012
12/12
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CNBC
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henry kravis says the fiscal cliff is main reason investing isn't happening. he says many companies are rushing to close deals before the end of the year because they're concerned about whether capital gains tax will rise. he says the fiscal cliff shouldn't be a big issue and if businessmen go into the room they could solve the problem an awful lot faster than congress. ken cayman is president of macadian asset management. i presume you share the sentiments -- i think we probably all do share the sentiments of mr. kravis. what would you do? >> well, listen, i think when you look at how businessmen make decisions, they have to live with the outcome of the decisions. politicians unfortunately make one decision, move on, and make another one. they don't live and die by any one decision. so i actually agree. ic that if all they did was have to focus on this one issue, we'd get a better result. but that's not the way government works. they get briefed on economic stuff one minute and they run into a meeting and get briefed on the mating habits of a spotted owl or s
henry kravis says the fiscal cliff is main reason investing isn't happening. he says many companies are rushing to close deals before the end of the year because they're concerned about whether capital gains tax will rise. he says the fiscal cliff shouldn't be a big issue and if businessmen go into the room they could solve the problem an awful lot faster than congress. ken cayman is president of macadian asset management. i presume you share the sentiments -- i think we probably all do share...
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Nov 25, 2012
11/12
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on the fiscal cliff and get some sort of entitlement reform, the big three is immigration reform. obviously he didn't talk much about it during the campaign. i think that was strategic, though, and now we're seeing that republicans are making some noise that they are willing to do something as far as immigration is concerned, too. >> yeah. >> hey, how much when you're rolling out of the president's health care law figure into that? the full implementation may be a great achievement? >> absolutely. i think that will be a grounding achievement that was passed in the first term but now it has to be implemented. soon americans will be able to shop for health insurance that is affordable and can't be denied or taken away. that's a big deal for middle class americans and that's going to be implemented in the state and some of the republican governors are not cooperating. there's going to be some work to be done there to get that done right so people can enjoy the fruits of health care reform. that, no doubt, is going to be the crowning legacy of both of his terms. i think that's what he
on the fiscal cliff and get some sort of entitlement reform, the big three is immigration reform. obviously he didn't talk much about it during the campaign. i think that was strategic, though, and now we're seeing that republicans are making some noise that they are willing to do something as far as immigration is concerned, too. >> yeah. >> hey, how much when you're rolling out of the president's health care law figure into that? the full implementation may be a great achievement?...